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Month: November 2019

The Retention Pyramid – 6 Steps to Keeping Customers Forever and Increase Your Profits

Leave a Comment / Business Practices / By

The most expensive customers you have are your brand new ones. Your cost per acquisition results in just one sale, typically. Plus, your chances of selling to a brand new prospective customer is less than 3%. However, your chance of selling to an existing customer a second, third, or fourth time is 60%-70%. Because your …

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7 Metrics to Manage To Make Sure Your Business Is Ready For Growth

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Every business, large or small, wants to grow. But growing too fast can put a strain on your company’s financial, operational, and personnel resources. The result could be a disaster for the future of your business. After all, ⅔ of the fastest-growing companies fail! Give your company a chance to be in the ⅓ that …

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